5840 Banana Rd West Palm Beach, FL 33413
Royal Palm Estates Neighborhood
3
Beds
1
Bath
1,124
Sq Ft
8,750
Sq Ft Lot
Highlights
- Water Views
- Patio
- No Heating
- Cooling System Mounted To A Wall/Window
- Vinyl Flooring
- 1-Story Property
About This Home
As of September 2024Investment potential, No HOA, large yard great location. Needs work and Sold AS IS but is priced accordingly. Don't miss out on this single family home priced well below ARV.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $979
Year Built
- Built in 1960
Lot Details
- 8,750 Sq Ft Lot
- Property is zoned RM/MULTI
Parking
- Over 1 Space Per Unit
Home Design
- Fixer Upper
Interior Spaces
- 1,124 Sq Ft Home
- 1-Story Property
- Blinds
- Water Views
Kitchen
- Electric Range
- <<microwave>>
- Dishwasher
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- 1 Full Bathroom
Outdoor Features
- Patio
Utilities
- Cooling System Mounted To A Wall/Window
- No Heating
- Electric Water Heater
- Septic Tank
Community Details
- Royal Palm Estates Subdivision
Listing and Financial Details
- Assessor Parcel Number 00424335120190012
- Seller Considering Concessions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 11, 2024
Sold by
5480 Banana Rd Land Trust and Palm Beach Investors Association
Bought by
Delsolar Claudia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Outstanding Balance
$330,867
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$62,990
Purchase Details
Listed on
Aug 19, 2024
Closed on
Sep 13, 2024
Sold by
Precision Equities Llc
Bought by
5840 Banana Rd Land Trust and Palm Beach Investors Association Llc
Seller's Agent
Gale Hahn
Weichert Realtors-Royal Heritage
Buyer's Agent
Gale Hahn
Weichert Realtors-Royal Heritage
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Views
9
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.27%
Original Mortgage
$281,200
Interest Rate
6.77%
Mortgage Type
Construction
Purchase Details
Listed on
Aug 19, 2024
Closed on
Jul 22, 2024
Sold by
Snyder Alissa E and Salyer Alissa E
Bought by
Precision Equities Llc
Seller's Agent
Gale Hahn
Weichert Realtors-Royal Heritage
Buyer's Agent
Gale Hahn
Weichert Realtors-Royal Heritage
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Views
9
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,200
Interest Rate
6.77%
Mortgage Type
Construction
Purchase Details
Closed on
May 22, 2006
Sold by
Gainnie F Lucille
Bought by
Snyder Alissa E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.44%
Mortgage Type
Fannie Mae Freddie Mac
Similar Homes in West Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $415,000 | None Listed On Document | |
| Warranty Deed | $300,000 | Sandbar Title | |
| Warranty Deed | $225,000 | Sandbar Title | |
| Warranty Deed | $170,000 | Boulevard Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $332,000 | New Conventional | |
| Previous Owner | $281,200 | Construction | |
| Previous Owner | $136,000 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/15/2024 10/15/24 | For Sale | $400,000 | +33.3% | $356 / Sq Ft |
| 09/13/2024 09/13/24 | Sold | $300,000 | -7.7% | $267 / Sq Ft |
| 08/23/2024 08/23/24 | Pending | -- | -- | -- |
| 08/19/2024 08/19/24 | For Sale | $325,000 | -- | $289 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,004 | $59,457 | -- | -- |
| 2023 | $979 | $57,725 | $0 | $0 |
| 2022 | $976 | $56,044 | $0 | $0 |
| 2021 | $944 | $54,412 | $0 | $0 |
| 2020 | $931 | $53,661 | $0 | $0 |
| 2019 | $930 | $52,455 | $0 | $0 |
| 2018 | $874 | $51,477 | $0 | $0 |
| 2017 | $830 | $50,418 | $0 | $0 |
| 2016 | $825 | $49,381 | $0 | $0 |
| 2015 | $830 | $49,038 | $0 | $0 |
| 2014 | $831 | $48,649 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffery Green
J
Seller's Agent in 2024
Jeffery Green
Palm Beachers Realty LLC
(561) 572-5938
48 Total Sales
-
Gale Hahn
Seller's Agent in 2024
Gale Hahn
Weichert Realtors-Royal Heritage
(561) 313-0796
1 in this area
2 Total Sales
Map
Source: BeachesMLS
MLS Number: R11013573
APN: 00-42-43-35-12-019-0012
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